Undertake Banking reforms to enhance ease and access, as well as accountability

Inadequate Progress

Banks are undercapitalised, out of 1.8 lakh crores capital needed by government banks under the Indradhanush Plan, BJP government has assured a total of 0.7 lakh crores over the four years till 2018-2019. Non-Performing loans of Indian banking Industry rose to 9.1% in December as compared to 7.8 % in March, 2016..

Reserve Bank of India(RBI) has permitted 11 companies  to set up payment banks to ease the use of banking and to reach more people. Cyber Appellate, the go-to body for victims of cyber crime or online fraud, has been functioning without a chairperson since 2011.

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  1. Threesite

    Hope government take some strong action on this point. Hope to see better economic and job market development in India soon!